Quote from: pinoycash on August 31, 2018, 06:05:55 PM

100 trillion supply Shocked

What is the advantage of being a Board? as in board member?

What is your future plans for the token? and its utility use?

We want the project to be different.

The reason for the huge supply is twofold. Firstly, we believe that an internationally traded currency should have a supply in the Trillions. We believe Crypto will be a trillion dollar industry and if Matrix is to be traded on an international scale then the supply will be ideal. When you are considering supplies i believe you should not write off a currency based on its supply as it is all relative to its Market Cap.

The second is that because it is such a huge supply, it will initially be traded at the lowest possible value, giving investors an opportunity to invest at the ground floor value, its an incentive for early traders as the currency has the potential to rise.

The reason for having a board is that again, we want to be different. Traditional projects will state along the lines of, airdrop a certain %, sell a certain % and hold the rest. That means you are investing in the hope that these people will not rip you off by dumping the currency at the first possible attempt and doing a runner. We personally hate this structure as it has caused some much let down in the past, to us as much as anyone.

By giving away large amounts to a selected Board of people. We are truly giving the project over to the community and will have total transparency, the board will be responsible for making strategic decisions for the project and helping with its development - Not however, behind closed doors. Everything will be done in the open and with input from the community through various social media we have available to us.

The benefit for being selected as a board member is that you get a significant impact in a cryptocurrency, the potential for financial gains, respect of your community and a potential full time job in Crypto should the project take off. There must be consideration however when stating your intent to be on the board, this will require a lot of work and input. We want to avoid selecting someone who will sell all of their tokens and forget about the project. We will try to Vet people to avoid this but it is unavoidable, in this world there are unforutantely people like this!

The Utility of the coin is as much or little as any ERC20 token. Like I said previously, i believe that there are a few select crypto's out there with fantastic teams and technology behind them, but the majority are misleading and promise the world and deliver nothing. We believe people should take it as it is, this is an investment asset that people will be able to buy at a very low price and trade, some will make money some will lose. The early investors are more likely to make money as the price will start off at rock bottom 0.000000001/ETH.

The purpose of the board will be to direct the project, to raise capital by selling the token and to use the funds to get it listed on as many exchanges as possible.

Once we are on every major exchange we can market and advertise as much as possible.

Our dream is to have a currency traded on a global scale, we want people to trade it as much as possible!

When selecting the board, we will take into consideration various backgrounds of people, i.e. if someone has experience in marketing, web design, social media marketing, graphic design, coding etc please let us know!

I hope that answers your question!

Thanks